Dubai Airports to revive 3,500 jobs as key terminals reopen this week

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The airports chief said that he expects to have recovered about 90 percent of original capacity by the autumn. (Supplied)
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The airports chief said that he expects to have recovered about 90 percent of original capacity by the autumn. (Supplied)
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Updated 20 June 2021
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Dubai Airports to revive 3,500 jobs as key terminals reopen this week

  • The move will boost the airport’s PCR testing capacity
  • It will also raise overall potential capacity by about 18 million passengers

DUBAI: Dubai Airports said it will re-open its Terminal 1 and Concourse D facilities this week as the emirate seeks to kick start its vital aviation sector.

It said the two facilities would-re-open on June 24 while at the same time the operations of some 66 carriers would be moved from Terminal 3 to Terminal 1.

The move will boost the airport’s PCR testing capacity and also raise overall potential capacity by about 18 million passengers, Paul Griffiths, CEO of Dubai Airports told Bloomberg TV on Sunday. It will also restore thousands of jobs.

"It's probably about 3,500 new employees across all the stakeholders, some of whom have been waiting to be re-activated, some of whom are new hires," he said. “We are anticipating a huge surge in inbound and outbound demand over the next few months.”

The airports chief said that he expects to have recovered about 90 percent of original capacity by the autumn as more carriers restore services in and out of the key international hub.
Dubai International Airport is the world’s busiest when measured by the number of international passengers, handling about 89.4 million passengers in 2019. India, the UK and Saudi Arabia are the biggest source of passengers passing through the hub.
“The cautious opening up of South Africa, Nigeria and India clearly will open some transfer flows across DXB International as we retain our crown as the world’s busiest airport all the way through the pandemic, which we have been for the last seven years,” he said.
The airport boss said the re-opening of the two facilities would provide a major boost to the airport’s testing capacity as demand recovers.
“We are looking at alternative methods to give an even faster result and of course the validation of vaccine certificates is something that we are looking at along with IATA and various other countries to make sure that we’ve got a very fast and efficient way of checking passengers as they arrive in the significant volumes that we are anticipating over the summer,” he said.

 


Closing Bell: Saudi main index extends gains as market opens wider to foreign investment

Updated 02 February 2026
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Closing Bell: Saudi main index extends gains as market opens wider to foreign investment

RIYADH: Saudi Arabia’s Tadawul All Share Index rose on Monday, gaining 153.61 points, or 1.38 percent, to close at 11,321.09.

The total trading turnover of the benchmark index was SR5.85 billion ($1.56 billion), as 207 of the listed stocks advanced, while 55 retreated.

The MSCI Tadawul Index increased, up 21.20 points or 1.41 percent, to close at 1,524.18.

The Kingdom’s parallel market Nomu gained 278.13 points, or 1.17 percent, to close at 24,013.03. This comes as 43 of the listed stocks advanced, while 29 retreated.

The best-performing stock was Saudi Pharmaceutical Industries and Medical Appliances Corp., with its share price surging by 7.26 percent to SR28.94.

Other top performers included Rasan Information Technology Co., which saw its share price rise by 6.51 percent to SR144, and Knowledge Economic City, which saw a 6.25 percent increase to SR13.09.

On the downside, the worst performer of the day was Najran Cement Co., whose share price fell by 2.11 percent to SR6.49.

Almasane Alkobra Mining Co. and Saudi Cable Co. also saw declines, with their shares dropping by 2 percent and 1.88 percent to SR103.10 and SR166.80, respectively.

On the announcement front, Riyad Bank has announced its annual financial results for 2025, with the total income from special commission of financing reaching SR24.1 billion, while net income from special commission of financing amounted to SR12 billion.

In a statement on Tadawul, the bank said: “Net income increased by 11.7 percent mainly due to an increase in total operating income and a decrease in total operating expenses.”

The bank further noted that the rise in total operating income was primarily driven by increased revenue from fees and commissions, trading activities, special commissions, gains on non-trading investments, and other operating sources. This growth was partially tempered by declines in exchange and dividend income.

“Net provision of expected credit losses and other losses decreased by 15.8 percent due to a decrease in impairment charge of credit losses and impairment charge for other financial assets, partially offset by an increase in impairment charge for investments,” it added.

RIBL’s share price closed at SR18.18 on the main market, marking a 1.43 percent increase.